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Optometrist Salary in Newark, NJ

How much does a optometrist make in Newark? Explore median, entry-level, and senior salaries adjusted for Newark's cost of living.

Median Salary
$160,520
per year in Newark
Entry Level
$97,089
Starting salary
Senior Level
$220,068
Experienced professionals
Cost of Living
124
24% above national avg

Salary Breakdown by Experience Level

See how optometrist salaries break down across different pay periods in Newark.

PeriodEntry LevelMedianSenior
Annual$97,089$160,520$220,068
Monthly$8,091$13,377$18,339
Biweekly$3,734$6,174$8,464
Weekly$1,867$3,087$4,232
Hourly$47$77$106

Newark vs National Average

How Newark's optometrist salaries compare to national figures.

Newark Salary
$160,520
COL Index: 124
National Average
$128,680
COL Index: 100
Difference
+$31,840
Higher in Newark

Cost of Living in Newark

1-Bedroom Rent
$1,750
per month
Median Income
$52,234
per year
Population
282,090
residents
Rent % of Income
40.2%
median household
Cost of Living Index: 124 — A score of 100 represents the U.S. average. Salaries in Newark have been adjusted to account for local cost differences.

About Optometrist

Overview

Perform eye exams and prescribe corrective lenses and treatments.

Education

Doctor of Optometry (OD); licensure required

Key Skills

Eye ExaminationLens PrescriptionPatient CareDiagnostic Skills

Growth Rate

Expected job growth: +14% over the next decade

Compare Cities: Optometrist Salary

See Optometrist salaries in other top cities.

New York, NY
$160,520
0%
Los Angeles, CA
$137,070
-15%
Chicago, IL
$138,510
-14%
Houston, TX
$124,780
-22%
Phoenix, AZ
$134,430
-16%

Financial Tools to Explore

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Optometrist Salary in Newark, NJ — Complete Guide

Median Salary Overview

The median salary for a optometrist in Newark, NJ is $160,520 per year, adjusted for the local cost of living index of 124. This figure reflects typical earnings for experienced professionals in this role, considering Newark's unique economic conditions.

Salary Range and Experience Levels

Entry-level optometrist professionals in Newark can expect to earn around $97,089 annually. As professionals gain experience, salaries typically increase, with senior-level optometrists earning approximately $220,068 per year. This represents a 127% increase from entry to senior level.

Cost of Living Adjustment

Newark's cost of living index of 124 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Newark are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $128,680, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a optometrist's salary in Newark typically goes toward housing. With a 1-bedroom apartment averaging $1,750 per month, housing represents about 13.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Optometrists are in growing demand across the United States, with an expected job growth of 14% over the next decade. In Newark, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.